GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Gumi Inc (TSE:3903) » Definitions » Cyclically Adjusted Book per Share

Gumi (TSE:3903) Cyclically Adjusted Book per Share : 円473.63 (As of Jan. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Gumi Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Gumi's adjusted book value per share for the three months ended in Jan. 2024 was 円424.685. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is 円473.63 for the trailing ten years ended in Jan. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-06-18), Gumi's current stock price is 円321.00. Gumi's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was 円473.63. Gumi's Cyclically Adjusted PB Ratio of today is 0.68.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Gumi was 0.95. The lowest was 0.71. And the median was 0.84.


Gumi Cyclically Adjusted Book per Share Historical Data

The historical data trend for Gumi's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gumi Cyclically Adjusted Book per Share Chart

Gumi Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Gumi Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 465.04 473.63 -

Competitive Comparison of Gumi's Cyclically Adjusted Book per Share

For the Electronic Gaming & Multimedia subindustry, Gumi's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gumi's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Gumi's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Gumi's Cyclically Adjusted PB Ratio falls into.



Gumi Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Gumi's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=424.685/106.9000*106.9000
=424.685

Current CPI (Jan. 2024) = 106.9000.

Gumi Quarterly Data

Book Value per Share CPI Adj_Book
201404 145.182 97.700 158.853
201407 0.000 98.100 0.000
201410 0.000 98.200 0.000
201501 560.167 97.800 612.289
201504 575.737 98.400 625.470
201507 549.211 98.300 597.260
201510 482.417 98.500 523.557
201601 463.522 97.700 507.170
201604 420.037 98.100 457.716
201607 419.323 97.900 457.872
201610 435.501 98.600 472.161
201701 422.642 98.200 460.086
201704 445.160 98.500 483.123
201707 450.054 98.300 489.428
201710 456.117 98.800 493.511
201801 478.932 99.500 514.551
201804 471.140 99.100 508.223
201807 474.445 99.200 511.272
201810 465.021 100.200 496.115
201901 466.620 99.700 500.318
201904 424.562 100.000 453.857
201907 416.844 99.800 446.499
201910 423.359 100.400 450.768
202001 439.045 100.500 467.004
202004 478.632 100.200 510.636
202007 502.393 100.000 537.058
202010 507.364 99.800 543.459
202101 529.625 99.800 567.304
202104 545.633 99.100 588.579
202107 467.321 99.700 501.069
202110 378.713 99.900 405.249
202201 354.548 100.300 377.878
202204 329.310 101.500 346.830
202207 315.237 102.300 329.412
202210 347.478 103.700 358.201
202301 433.069 104.700 442.169
202304 468.800 105.100 476.829
202307 462.891 105.700 468.146
202310 434.050 107.100 433.239
202401 424.685 106.900 424.685

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Gumi  (TSE:3903) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Gumi's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=321.00/473.63
=0.68

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Gumi was 0.95. The lowest was 0.71. And the median was 0.84.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Gumi Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Gumi's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Gumi (TSE:3903) Business Description

Industry
Traded in Other Exchanges
Address
Nishi-Shinjuku 4-34-7, 3rd floor, Sumitomo Fudosan Nishi-Shinjuku Building No. 5, Shinjuku-ku, Tokyo, JPN, 160-0023
Gumi Inc is an entertainment company, which develops, operates, and distributes online games for smartphones and tablets. It provides native application services, game contents can be downloaded from apple store without browser; browser game services, game can be played on the mobile terminal browser, as well as publishing services, in which the company performs localization of game content developed by third parties and then sell them through its various sales channels. In addition, the firm offers VR (Virtual Reality) services.

Gumi (TSE:3903) Headlines

No Headlines